Contents tagged with Akhmetov

A court in the Netherlands has issued a temporary order to freeze the Netherlands-based companies of the Systems Capital Management business group, which is owned by Rinat Akhmetov, Voice of America reports.The court’s ruling is related to the lengthy court proceedings relating to the Ukrtelecom case for $820 million.

Earlier a court in Cyprus also issued a temporary ruling against Akhmetov, freezing his assets and the SCM companies, as part of a legal dispute with the Cyprus-based company …

Ukrainian oligarch Rinat Akhmetov has been prohibited from spending more than €20,000 per month. This restriction was imposed by a ruling of the Nikosia District Court (Cyprus) to freeze the businessman’s assets as part of the Ukrtelecom case, Tsenzor.net reports.

The court ruling specifies that the defendants can “use and administer a monetary amount of 20,000 euros per month to cover their own court expenses”.

The court’s ruling against Akhmetov and nine other persons was adopted on …

The National Commission for State Regulation for Energy and Public Utilities (NKREKP) will meet on January 9 to decide on the allocation of 2 billion UAH or $70.8 million among the power generating companies of thermal power plants (TPPs), the NKREKP website reports.

A quarter of the amount will be given to Centrenergo PJSC (294 million UAH or $10.42 million USD) and Donbasenergo PJSC (225.79 million UAH or $7.99 million USD).

One of the founders of the DPR (Donetsk People’s Republic) and Russian FSB (Federal Security Service) member Alexander Boroday, who supervised separatists at the initial stage of the conflict inn eastern Ukraine, discussed in an interview how Akhmetov had sponsored fighters from Alexander Khodakovsky’s Vostok battalion, journalist Denys Kazansky writes.

"Khodakovsky was financed by Akhmetov. Once, he tried to bring me a suitcase with 0.5 million dollars. In front of witnesses. I returned this …

Vladislav Surkov, aide to Russian President Vladimir Putin, met with the Ukrainian oligarch Rinat Akhmetov in Donetsk on February 12, 2014, said Alexey Donskoy, prosecutor in the case of former Ukrainian President Viktor Yanukovych.

“The investigation has proven: Surkov saw Yanukovych on January 20, 2014, in Mezhyhirya. Surkov went there no later than seven in the evening and left around midnight. Surkov flew to Akhmetov in Donetsk much later, on February 12, 2014, and they met in Akhmetov’s …

The remaining anthracite in the uncontrolled territory is illegal, as reported by DTEK (Donbass Fuel and Energy Company).

The DTEK energy holding company, owned by Rinat Akhmetov, sent an official letter to the company Donbasenergo, controlled by Alexander Yanukovych, cautioning him not to buy coal from the nationalized mines in the separatist-held territories of Ukraine (ORDLO), as stated in the company's press release.

It is noted that after losing control over enterprises in the ORDLO, …

The leader of the DPR, Alexander Zakharchenko, banned the activities of the Pomozhem Humanitarian Center of the Rinat Akhmetov Foundation in the areas of the Donetsk region controlled by the separatists, Interfax-Ukraine reports.

The Rinat Akhmetov Pomozhem Foundation is banned in the territory of the Donetsk People's Republic," he said at a press conference on Tuesday.

According to the Donbas News, in addition to the Humanitarian Center, separatists also refused permission for the Danish …

The management of the Donbas Palace and Park Inn hotels in Donetsk has been suspended from business administration by representatives of the self-proclaimed DPR (Donetsk People's Republic). Armed representatives of the self-proclaimed “Republic” have seized the hotel buildings and all equipment.

This was reported by the press service of ESTA Holding, which is part of the Rinat Akhmetov’s company, SCM holdings.

"During three years of military conflict in certain areas of the Donetsk and …

The DTEK energy holding’s largest coal mine, Komsomolets Donbasu, which is owned by Ukrainian businessman, Rinat Akhmetov, has stopped production in the occupied part of Donetsk region, as reported by Podrobnosti, citing one of the company’s employees.

It was reported that the majority of the employees were put on leave without pay as of the 3rd of March. Currently, only maintenance personnel who measure gas levels and pump out water, remain at the coal mine. According to the mine’s employee, …